The manufacturing sector in China continued to expand in August, although it slowed dramatically, the latest flash purchasing managers' index from HSBC revealed on Thursday - with a three-month low score of 50.3.
That was well shy of forecasts for a score of 51.5 and down sharply from 51.7 in July.
The manufacturing sector in Japan continued to expand at an accelerating pace in August, the latest flash purchasing managers' index from Markit Economics revealed on Thursday - with a score of 52.4.
That handily beat forecasts for a score of 51.5 following the 50.5 reading in July.
A score above...
The Australian economy is continuing its modest recovery, the Conference Board said on Thursday as its leading economic index was up 0.4 percent in the month of June.
That follows the 0.2 percent increase in May and the 0.1 percent decline in April. During the six-month period through June, the leading...
The number of visitor arrivals in New Zealand hit 196,900 in July, Statistics New Zealand said on Thursday - a record for the month of July.
In the year to July, visitor arrivals numbered 2.80 million, up 6 percent on year. New Zealand's top four sources of visitors were Australia, China, the United...
The dollar rallied on Wednesday, extending recent gains to its highest levels in almost a year versus a basket of major rivals.
Gains accelerated in the afternoon upon the release of some fairly hawkish Federal Reserve minutes.
The Federal Reserve debated when to hike interest rates amid signs...
Bank of England policymakers split on rate decision this month, for the first time in more than three years as two members said the current economic situation warrant an immediate rate hike from a historic-low. At the August Monetary Policy Committee meeting, Ian McCafferty and Martin Weale sought a quarter-point hike in the bank rate to 0.75 percent.
Reserve Bank of Australia Governor Glenn Stevens kept the foreign exchange intervention plan open to build up confidence and bring the stubbornly high currency to lower levels."The exchange rate, another channel through which monetary policy usually has an effect, is probably not doing as much as it might usually be expected to do in achieving balanced growth," he said in his opening statement.
Japan posted a merchandise trade deficit of 963.99 billion yen in July, the Ministry of Finance said on Wednesday - remaining in the red for a record 25th consecutive month.
The headline figure missed forecasts for a deficit of 713.9 billion yen following the 823.2 billion yen shortfall in June.
The dollar rallied versus European rivals on Tuesday, hitting fresh 9-month highs against the euro after upbeat U.S. housing data.
Housing starts rose 15.7 percent in July from June to an annual rate of 1.093 million units, the Commerce Department said, marking the highest level of construction since...
Consumer prices saw only a modest increase in the month of July, according to a report released by the Labor Department on Tuesday, with higher prices for shelter and food offset by decreases in prices for energy and airline fares. The Labor Department said its consumer price index ticked up by 0.1 percent in July after rising by 0.3 percent in June.
After reporting a notable decrease in new residential construction for the previous month, the Commerce Department released a report on Tuesday showing a substantial rebound by U.S. housing starts in the month of July. The report said housing starts jumped 15.7 percent to an annual rate of 1.093 million in July after falling 4 percent to a revised 945,000 in June.
U.K. inflation slowed more-than-expected in July as summer price discounting among retailers dragged clothing costs, while factory-gate prices declined for the first time since 2009 suggesting absence of inflationary pressure. Inflation eased to 1.6 percent in July from 1.9 percent in June, the Office for National Statistics reported Tuesday. The figure was forecast to slow to 1.8 percent.
Reserve Bank of Australia on Tuesday said economic outlook remains uncertain as more rapid decline in mining investment going forward together with fiscal consolidation and the high exchange rate is expected to restrain growth. Members noted the significant uncertainties around the growth forecast and the importance of considering the risks to the forecast as well as the central projection.
The New Zealand government downgraded its budget surplus estimate as the economy is set to grow at a slower pace, the Treasury said in its Pre-election Economic and Fiscal Update 2014. The budget surplus is expected to be NZ$297 million in the year to June 2015 compared to the previous projection of NZ$372 million. The surpluses are forecast to be about NZ$500 million lower in each year till 2018.
The dollar was narrowly mixed Monday, giving back recent gains against the sterling after some relatively hawkish comments from the U.K.'s top central banker.
Bank of England Governor Mark Carney told The Sunday Times in an interview that interest rates could be raised even before real wages turn...